BLA added to the S&P/ASX 300 Index – March 18, 2016 After Market Close - some 300K went through at 4.10pm, at $7.07

As an asset manager, the company continues to focus on the essentials – food, water, education, housing, student accommodation, agriculture and infrastructure - and has found new areas of growth, including- Vinomofo- USA real estate - in with a NY company to invest in office conversions to apartments- student housing in Brisbane and Melbourne- management rights for apartment complexes

Assets under management $1.7bill, including 13% retail (BAF), wholesale 76% and institutional 11%; now expect to exceed $2.0 billion in AUM by 30 June 2016, eighteen months ahead of original target.

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"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne

"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne

Having listed on the ASX in January 2012, Blue Sky has reported a maiden Net Profit After Tax (after significant non-cash items and other items associated with roll up and IPO) of $3.573 million against Prospectus forecasts of $3.492 million. Based upon the strong performance of Blue Sky's four divisions (Private Equity, Private Real Estate, Hedge Funds and Real Assets) I am pleased to announce a final dividend of 6 cents per share fully franked.

ALTERNATIVE INVESTMENT THEMEGlobal economic conditions continue to drive volatility and uncertainty in debt and equity markets. This has in turn accelerated the global trend of institutional and other investors to increase capital allocations to alternative investments. Against the background of these global macro trends, Blue Sky's work over the last six years to position itself as Australia's leading alternative asset manager has proven to be propitious.

We continue to develop products which are designed to satisfy the growing global appetite for alternative investments. To tap into this growing global demand, we have also opened an office in New York with a view to attracting North American capital into our expanding suite of alternative investment products.

DIVIDENDThe record date for the entitlement to the final dividend of 6 cents per share fully franked is 4 September 2012 with payment to occur on 24 September 2012. Blue Sky only pays dividends by direct credit. By supplying your payment details on the enclosed Direct Credit Form, payments will be made by direct credit to an Australian bank, building society or credit union account and the funds will be immediately available. Direct credit is a cost effective and secure payment system.

current share price is under $1.00

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"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne

Flower,You are correct of course, one should be more articulate, but it has been eight or ten years since my last perusal.As a result the only gentleman that had not slipped my feeble mind was Penwiper, the poor but dishonest secretary.

BLUE SKY MINES by Trevor Sykes ( Pierpoint )

Absolute must read for all players, young or old.

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Happiness now, is knowing, understanding and accepting your path to the future even as we travell that path at the very moment.Falko.